SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s National Assembly took a major step toward expanding climate protections on Thursday, approving a bill that formally defines “climate-vulnerable populations” and requires the government to prioritize their safety in national climate policy. The Special Committee on the Climate Crisis passed a bipartisan amendment to the country’s Carbon Neutrality [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s ruling Democratic Party said Thursday it would push for a joint parliamentary hearing involving multiple standing committees to investigate a massive data breach at e-commerce giant Coupang, stepping up pressure after the company’s founder repeatedly failed to appear before lawmakers. Kim Hyun-jung, a spokesperson for the Democratic Party’s [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s financial regulator on Thursday raised its consumer alert level to “warning” after confirming secondary damages—including voice phishing and smishing—linked to last month’s massive personal data leak at e-commerce giant Coupang. The Financial Supervisory Service (FSS) said the escalation follows a rise in reported fraud attempts exploiting public anxiety [...]
SEOUL, Dec. 18 (Korea Bizwire) — The government said Thursday it plans to allocate some 10,000 graphics processing units (GPUs) procured from Nvidia Corp. to small and mid-sized enterprises (SMEs), startups and academic and state artificial intelligence (AI) projects starting in February. The plan was unveiled as part of the government’s broader strategy to foster [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to provide artificial intelligence (AI) job-training to more than one million people by 2030, the government announced Thursday, outlining an expansive workforce initiative aimed at preparing the labor market for rapid technological change. The Ministry of Employment and Labor unveiled the plan — titled the “AI+ Competency-Up [...]
SEOUL, Dec. 18 (Korea Bizwire) — The government said Thursday it will form an interagency task force to handle the recent large-scale data breach at e-commerce giant Coupang Corp. The decision was made at a meeting of science and technology–related ministers chaired by Science Minister Bae Kyung-hoon, the government said. Led by Ryu Je-myung, second [...]
SEOUL, Dec. 18 (Korea Bizwire) — The ceiling for no-show penalties at reservation-based fine dining restaurants will be raised to 40 percent of the preordered menu, the antitrust regulator said Thursday. From now on, advance reservation-based upscale restaurants, such as omakase establishments, will be allowed to charge a no-show fee of up to 40 percent [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea’s twin and multiple-birth rates have surged to among the highest in the world, prompting experts to warn that the trend carries heightened medical risks for mothers and infants and requires a shift in government policy. According to a new report released Thursday by Bae Hye-won, a senior researcher [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to expand its national heritage–based industries into a ₩100 trillion ($75 billion) market over the next five years, positioning cultural legacy as a core driver of the country’s global soft power, the Korea Heritage Service (KHS) said Wednesday in its 2026 policy blueprint. The initiative comes amid [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to ban the free distribution of disposable plastic cups and phase out large paper cups at major cafés as part of a sweeping anti-plastic initiative set to be unveiled next week. The Climate and Environment Ministry said on Wednesday that its forthcoming “Comprehensive Anti-Plastic Strategy,” to be [...]